The Gates of justice

The hedge funder who took on the Bank of England has given most of his fortune to his charity, making it the second-largest in the U.S. behind the Bill and Melinda Gates Foundation. Conservatives may moan, but his causes of human rights, democracy and fairness need support.

Context News

George Soros has turned over nearly $18 billion to his Open Society Foundations, according to news reports on Oct. 17. The gift will transform the foundation into the second-largest in the United States behind the Bill and Melinda Gates Foundation.

Soros is ranked No. 20 in the latest Forbes list of the richest Americans, released on Oct. 17, with a net worth of $23 billion.